Sei Network's Explosive Growth: TVL Surges to $624M Amid Regulatory Milestones and Ecosystem Expansion

Introduction: Sei Network's Rapid Evolution in the Blockchain Space

Sei Network has emerged as a key player in the blockchain ecosystem, showcasing impressive growth in Total Value Locked (TVL), user adoption, and infrastructure development. Despite these achievements, the token's market performance has raised questions about its valuation. This article provides an in-depth analysis of Sei Network's recent milestones, technical indicators, and proposed upgrades, offering insights into its current state and future potential.

Total Value Locked (TVL) Growth and Its Implications

Sei Network's TVL Surge

Sei Network has experienced exponential growth in its TVL, which reached over $624 million as of July 2025—a dramatic increase from $13 million in February 2024. This surge highlights the network's ability to attract liquidity providers and decentralized application (dApp) developers, solidifying its position in the competitive blockchain landscape.

Why TVL Matters

TVL is a critical metric for assessing the health and activity of a blockchain network. A higher TVL indicates increased liquidity, user engagement, and trust in the network's infrastructure. Sei's remarkable TVL growth demonstrates its success in attracting both retail and institutional participants, further strengthening its ecosystem.

Sei Token Price Trends and Market Performance

Price Decline and Stability

Despite Sei Network's ecosystem growth, the Sei token has faced significant price challenges, dropping from $1 to $0.25 over the past year. However, the token has shown stability around the $0.25 level, with moderate bullish activity at key support levels.

Technical Analysis

Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest bearish momentum. Resistance levels are identified at $0.2650–$0.2700, while support is found at $0.245. These metrics highlight the challenges Sei faces in achieving price recovery despite its robust ecosystem growth.

User Adoption and Wallet Creation Statistics

Surge in Wallet Creations

Sei Network has witnessed a dramatic increase in user adoption, with over 266,000 new wallet addresses created in the past year—a staggering 31,072% growth. This surge reflects the network's ability to attract a diverse user base and expand its global reach.

Implications for Ecosystem Growth

The rise in wallet creations signals growing interest in Sei's offerings, including its dApps and liquidity pools. This trend is a positive indicator for the network's long-term sustainability and its ability to compete with other blockchain platforms.

Regulatory Approvals and Their Impact on Sei Network

Japan's Financial Services Agency Approval

Sei Network has achieved a significant milestone by receiving regulatory approval from Japan's Financial Services Agency. This approval enhances the network's credibility and opens doors for institutional interest, particularly in regions with stringent regulatory frameworks.

Institutional Interest and Liquidity Concentration

Regulatory compliance often serves as a catalyst for institutional participation. Sei's adherence to Japan's financial regulations positions it as a trustworthy platform, potentially attracting large-scale investments and partnerships that could further boost its ecosystem.

Proposed Network Upgrades: SIP-3 and EVM-Only Model

Transition to EVM-Only Model

Sei Labs has introduced SIP-3, a proposal to transition the network to an EVM-only model, removing native CosmWasm and Cosmos support. This upgrade aims to streamline developer activity and enhance compatibility with Ethereum-based applications.

Developer Impact

The shift to an EVM-only model could make Sei more appealing to developers familiar with Ethereum's ecosystem, fostering innovation and accelerating dApp deployment. However, it may also alienate developers who rely on CosmWasm and Cosmos functionalities, posing challenges for the network's inclusivity.

Market Capitalization and Trading Volume Analysis

Current Metrics

Sei Network's market capitalization stands at $1.44 billion, with a circulating supply of 5.55 billion tokens and a 24-hour trading volume exceeding $91 million. These figures highlight the network's liquidity and active trading environment, despite the token's price challenges.

Undervaluation Concerns

Analysts suggest that Sei may be undervalued given its strong ecosystem metrics, including TVL growth, user adoption, and regulatory milestones. This perspective underscores the potential for future price appreciation as the network continues to scale.

Comparison of Sei's Ecosystem Growth with Other Blockchain Networks

Competitive Analysis

When compared to other blockchain networks, Sei's growth trajectory is impressive. Its rapid TVL increase, user adoption, and regulatory compliance set it apart from competitors. However, the token's price performance remains a point of contention, highlighting the need for balanced growth across all metrics.

Conclusion: Sei Network's Path Forward

Sei Network has demonstrated remarkable progress in expanding its ecosystem, attracting users, and achieving regulatory milestones. While its token price faces challenges, the network's strong fundamentals suggest significant potential for future growth. As Sei continues to innovate and scale, it remains a blockchain platform to watch in the evolving crypto landscape.

Avis de non-responsabilité
Ce contenu est uniquement fourni à titre d’information et peut concerner des produits indisponibles dans votre région. Il n’est pas destiné à fournir (i) un conseil en investissement ou une recommandation d’investissement ; (ii) une offre ou une sollicitation d’achat, de vente ou de détention de cryptos/d’actifs numériques ; ou (iii) un conseil financier, comptable, juridique ou fiscal. La détention d’actifs numérique/de crypto, y compris les stablecoins comporte un degré élevé de risque, et ces derniers peuvent fluctuer considérablement. Évaluez attentivement votre situation financière pour déterminer si vous êtes en mesure de détenir des cryptos/actifs numériques ou de vous livrer à des activités de trading. Demandez conseil auprès de votre expert juridique, fiscal ou en investissement pour toute question portant sur votre situation personnelle. Les informations (y compris les données sur les marchés, les analyses de données et les informations statistiques, le cas échéant) exposées dans la présente publication sont fournies à titre d’information générale uniquement. Bien que toutes les précautions raisonnables aient été prises lors de la préparation des présents graphiques et données, nous n’assumons aucune responsabilité quant aux erreurs relatives à des faits ou à des omissions exprimées aux présentes.© 2025 OKX. Le présent article peut être reproduit ou distribué intégralement, ou des extraits de 100 mots ou moins du présent article peuvent être utilisés, à condition que ledit usage ne soit pas commercial. Toute reproduction ou distribution de l’intégralité de l’article doit également indiquer de manière évidente : « Cet article est © 2025 OKX et est utilisé avec autorisation. » Les extraits autorisés doivent être liés au nom de l’article et comporter l’attribution suivante : « Nom de l’article, [nom de l’auteur le cas échéant], © 2025 OKX. » Certains contenus peuvent être générés par ou à l'aide d’outils d'intelligence artificielle (IA). Aucune œuvre dérivée ou autre utilisation de cet article n’est autorisée.

Articles connexes

Afficher plus
trends_flux2
Altcoin
Trending token

Nasdaq Crypto Index Expansion: Altcoins Signal Institutional Confidence Amid Regulatory Shifts

Nasdaq Crypto Index Expands to Include Altcoins: A Milestone for Institutional Adoption The cryptocurrency market has reached a pivotal moment with the expansion of the Nasdaq Crypto Index (NCIUS) to include prominent altcoins such as XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM), alongside Bitcoin (BTC) and Ethereum (ETH). This development signals growing institutional interest in diversified crypto portfolios and broader adoption within the financial sector. As the crypto landscape evolves, the inclusion of altcoins in major indices like NCIUS underscores their increasing relevance and potential for mainstream recognition.
22 juil. 2025
trends_flux2
Altcoin
Trending token

Crypto 10 Index: A Gateway to Diversified and Regulated Digital Asset Investment

What is the Crypto 10 Index? A Comprehensive Guide to Diversified Cryptocurrency Investment The Crypto 10 Index is a benchmark investment product designed to provide streamlined exposure to the cryptocurrency market. By focusing on the 10 largest cryptocurrencies by market capitalization, this index offers a diversified portfolio tailored to both retail and institutional investors. Launched in November 2017, the Crypto 10 Index has become a trusted gateway for those seeking regulated access to digital assets without the complexities of direct ownership.
22 juil. 2025
trends_flux2
Altcoin
Trending token

Cloud Mining Revolution: How AI and Sustainability Are Reshaping Crypto Mining

Introduction to Cloud Mining: A Game-Changer in Cryptocurrency Mining Cryptocurrency mining has long been associated with high costs, technical complexity, and environmental concerns. However, cloud mining is emerging as a transformative solution, offering a simplified, accessible, and eco-friendly approach to mining digital assets like Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), and Litecoin (LTC). This article explores the latest trends, innovations, and benefits of cloud mining, highlighting its impact on the cryptocurrency landscape.
22 juil. 2025